Market Overview:
The global hollow conductor market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for generators, MRI devices, and physical research applications. Additionally, the growing demand for renewable energy sources is also contributing to the growth of this market. However, fluctuations in raw material prices may restrain the growth of this market during the forecast period. On basis of type, copper-based hollow conductors are expected to account for a major share of the global hollow conductor market during 2018-2030 owing to their high electrical conductivity and low price point as compared with other materials used in manufacturing these products.
Product Definition:
A hollow conductor is a metal tube or pipe through which an electric current flows. The importance of a hollow conductor is that it increases the current carrying capacity of a wire without increasing its diameter.
Copper:
Copper is a soft, malleable metal that is strong enough to be used in wire but can be easily bent and shaped. It has the highest electrical and thermal conductivity of any metal. Copper has excellent properties for making wires: it is cheap, easy to shape, available in numerous sizes (including small enough for jewelry), and can carry high current efficiently.
Aluminum:
Aluminum is a metal and group of metals with symbol Al and atomic number 13. It is a soft, lightweight, ductile transition metal with an extremely high melting point. It is the first element that comes to mind when one thinks about aluminum; however, it does not occur naturally on earth in its pure form. Aluminum can be found in various minerals including bauxite (aluminum ore), alunite (calcium aluminate), and silicate among others.
Application Insights:
MRI devices was the largest application segment in the global market, accounting for a share of over 40.0% in 2017. The demand for MRI devices is expected to be high as these systems provide critical information regarding body functions and structure, which aids doctors and researchers in formulating effective treatment procedures.
The physical research segment held a significant share of revenue as well as units owing to increasing R&D activities pertaining to new technological developments that can help enhance human performance capabilities such as strength, endurance, flexibility etc., This is also likely to fuel product demand over the forecast period.
Generators are widely used across various industries due to their ability supply electricity even when there's no power grid present thus making them an essential tool during natural disasters or emergencies when normal services cannot be resumed quickly enough.
Regional Analysis:
North America dominated the global market in 2017. The regional growth is primarily driven by the increasing demand for power and energy across various applications. Moreover, presence of major players such as Alcoa Inc.; Bechtel; Rio Tinto Group; and General Electric are also contributing towards industry growth in this region.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to rapid industrialization coupled with government support for infrastructure development initiatives in emerging countries such as China, India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam among others.
Europe was estimated at USD X billion in 2017.
Growth Factors:
- Increasing demand from the telecommunication and data transmission industry for high-speed and reliable data transfer is expected to drive the growth of hollow conductor market.
- Growing popularity of smart grids and smart cities is anticipated to boost the demand for hollow conductors in the near future.
- Rising investments in renewable energy projects are likely to create new opportunities for hollow conductor market during forecast period.
- Increasing use of lightweight materials in automobiles, aircrafts, and other transportation sectors is projected to propel the growth of global hollow conductor market over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hollow Conductor Market Research Report
By Type
Copper, Aluminum, Other
By Application
Generators, MRI Devices, Physical Research, Others
By Companies
Baoshida Holding, Extube, HEGANG ALLOY, Hitachi Cable America, LUMPI-BERNDORF, Luvata, Oriental Copper, S＆W Wire, Wieland Gruppe, Zhangjiagang Channel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Hollow Conductor Market Report Segments:
The global Hollow Conductor market is segmented on the basis of:
Types
Copper, Aluminum, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Generators, MRI Devices, Physical Research, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Baoshida Holding
- Extube
- HEGANG ALLOY
- Hitachi Cable America
- LUMPI-BERNDORF
- Luvata
- Oriental Copper
- S＆W Wire
- Wieland Gruppe
- Zhangjiagang Channel
Highlights of The Hollow Conductor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Copper
- Aluminum
- Other
- By Application:
- Generators
- MRI Devices
- Physical Research
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hollow Conductor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A hollow conductor is a material that has been deliberately designed to have a low electrical resistance. This makes it ideal for use in electrical circuits, as it allows more electricity to flow through the circuit without causing interference.
Some of the major companies in the hollow conductor market are Baoshida Holding, Extube, HEGANG ALLOY, Hitachi Cable America, LUMPI-BERNDORF, Luvata, Oriental Copper, S＆W Wire, Wieland Gruppe, Zhangjiagang Channel.
The hollow conductor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hollow Conductor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hollow Conductor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hollow Conductor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hollow Conductor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hollow Conductor Market Size & Forecast, 2020-2028
4.5.1 Hollow Conductor Market Size and Y-o-Y Growth
4.5.2 Hollow Conductor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Copper
5.2.2 Aluminum
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Generators
6.2.2 MRI Devices
6.2.3 Physical Research
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hollow Conductor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hollow Conductor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Copper
9.6.2 Aluminum
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Generators
9.10.2 MRI Devices
9.10.3 Physical Research
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Copper
10.6.2 Aluminum
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Generators
10.10.2 MRI Devices
10.10.3 Physical Research
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Copper
11.6.2 Aluminum
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Generators
11.10.2 MRI Devices
11.10.3 Physical Research
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Copper
12.6.2 Aluminum
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Generators
12.10.2 MRI Devices
12.10.3 Physical Research
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Copper
13.6.2 Aluminum
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Generators
13.10.2 MRI Devices
13.10.3 Physical Research
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hollow Conductor Market: Competitive Dashboard
14.2 Global Hollow Conductor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Baoshida Holding
14.3.2 Extube
14.3.3 HEGANG ALLOY
14.3.4 Hitachi Cable America
14.3.5 LUMPI-BERNDORF
14.3.6 Luvata
14.3.7 Oriental Copper
14.3.8 S＆W Wire
14.3.9 Wieland Gruppe
14.3.10 Zhangjiagang Channel
